Check out some available loans that are similar to this one!
Christopher
Christopher is a 40-year-old married man. He has seven children who range in age from two years to 17 years old. He describes himself to be social and customer friendly. He operates a food stall where he sells cereals, such as maize, beans, etc. He has been involved in this business for five years. His business is located within a competitive business area and his primary customers are local residents. He describes his biggest business challenge to be insufficient funds for improving the business. He will use the Kes 21,000 loan to purchase a water tank, which will be used by his nine family members for household activities. His business goal is to run a big cereal store business selling a variety of cereals within five years. This is his fifth loan with SMEP DTM. Previously, he took a loan of 80,000 which he paid well. In addition, Christopher has a motorcyle which increases his business income.

Additional Information

More information about this loan

This loan is a part of SMEP's loan program to promote clean drinking water in partnership with Water.org. Called WASH (Water, Sanitation and Hygiene), this program offers three loan products:

1)      Loans designed to increase access to water. This includes financing for water tanks, water connections, water kiosks, pumps, filters, dispensers and catchment systems.

2)      Loans for sanitation improvements. This includes financing for the construction of bathrooms, toilets, septic tanks, soak pits, pit latrines, disposal units and incinerators.

3)      Loans for the drilling and construction of boreholes, shallow wells and water towers. This also includes the establishment and improvement of water treatment plants and chemicals.

WASH loan products carry greater risk than typical Kiva loans because they are used to fund non-income generating assets (in most cases), and therefore will need to be repaid with other sources of income. This income may already be contingent on other loans held by loan recipients.

About Kenya

  • $1,800
    Average annual income
  • 978
    View loans »
    Kenya Loans Fundraising
  • $40,408,475
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Christopher to buy a water tank.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013